financetom
Business
financetom
/
Business
/
Vishay Intertechnology Purchases Nexperia's Wafer Fabrication Facility
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Vishay Intertechnology Purchases Nexperia's Wafer Fabrication Facility
Mar 6, 2024 12:26 AM

03:08 AM EST, 03/06/2024 (MT Newswires) -- Vishay Intertechnology ( VSH ) said Wednesday it has acquired the wafer fabrication facility and operations of Nexperia located in Newport, South Wales, UK for about $177 million in cash.

The facility has a monthly production capacity of more than 30,000 wafers, the company said.

Vishay funded the deal using available cash.

Price: 22.85, Change: -0.01, Percent Change: -0.04

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved